Results 1-10 of 87
18 September 2019
Schuldschein loans are no longer the sole preserve of German Mittelstand borrowers, and have started to play an increasingly prominent role in cross-border restructurings. This note examines some of the key issues that all parties will need to be aware of in relation...
Clifford Chance advises EnBW on its issue of green hybrid bonds under the new EU Prospectus Regulation
30 July 2019
Clifford Chance has advised the energy company EnBW Energie Baden-Württemberg AG on issuing "Green Bonds" worth a total of EUR 1 billion. The proceeds from the bonds will be used exclusively to fund climate-friendly projects relating to the expansion of offshore...
The Prospectus Regulation and Debt Prospectuses: A PD3 Primer - Levels 1, 2 and 3 (and other measures)
26 June 2019
This briefing on PD3 measures highlights the key features of Levels 1, 2 and 3, particularly in relation to debt.
Clifford Chance advises Volkswagen Group on high-volume multi-currency bond issuance worth approximately EUR 12.50 billion
16 November 2018
International law firm Clifford Chance has successfully advised leading automotive manufacturing company Volkswagen Group in its recent high-volume bond issuance. The transaction marks the biggest fund-raising round of the Volkswagen Group through the capital markets...
7 November 2018
International law firm Clifford Chance has advised EnBW International Finance B.V. on the issue of their first green bond in the amount of 500 million Euro. The proceeds will be used to fund "Qualified Green Projects" in the fields of wind power, photovoltaics...
14 September 2018
Clifford Chance has advised a banking consortium led by Morgan Stanley and including Commerzbank, ING, Société Générale, UniCredit Bank as well as other banks on a bond issuance by Siemens Financieringsmaatschappij N.V.
5 September 2018
Clifford Chance has advised Bremer Kreditbank (BKB) on its merger with Oldenburgische Landesbank (OLB), Germany's largest private regional bank in terms of total assets, number of staff and branch network. In future, the merged bank will do business as OLB, and...
8 August 2018
International law firm Clifford Chance has advised a consortium of banks comprising Commerzbank, HSBC, Mizuho und Société Générale on the establishment of a debt issuance programme and the following issuance of a 500 million Euro debut bond by HOCHTIEF Aktien...
10 July 2018
Clifford Chance has advised a banking syndicate comprising BNP Paribas, Commerzbank, MUFG and UniCredit Bank on the issuance of a EUR 600 million bond by O2 Telefónica Deutschland Finanzierungs GmbH.
27 June 2018
World-leading Germany-based car manufacturer Volkswagen AG and its affiliate Volkswagen International Finance N.V. have issued EUR 2.75 billion in hybrid bonds. International law firm Clifford Chance has advised Volkswagen on this transaction.